Genomma Lab Internacional
LABB.MX
#5199
Rank
$1.21 B
Marketcap
$1.29
Share price
0.57%
Change (1 day)
49.43%
Change (1 year)

P/E ratio for Genomma Lab Internacional (LABB.MX)

P/E ratio as of November 2024 (TTM): 12.2

According to Genomma Lab Internacional's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2102. At the end of 2016 the company had a P/E ratio of -13.5.

P/E ratio history for Genomma Lab Internacional from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2016-13.51.23%
2015-13.3

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.